Latest News and Articles about Monetary Policy

Bank of Korea Raises Red Flags on Non-Bank Stablecoins: Financial Chaos Ahead? South Korea’s central bank, the Bank of Korea (BOK), has issued a stern warning about the growing trend of stablecoins pegged to the Korean Won (KRW) being issued by non-bank entities. Governor Lee Chang-yong, speaking at a recent press conference, flagged serious risks […]